Bloomberg Digital Asset Analyst James Seyffart and Senior ETF Analyst Eric Balchunas have published predictions on the probability of approval for four cryptocurrency ETF applications, including the highly anticipated Solana ETF.
According to Bloomberg analysts' assessment, Solana has a 70% chance of officially entering the traditional financial marekt by October 10, 2025, the deadline for the Securities Exchange Commission's final ruling. Seyffart and Balchunas are optimistic because the SEC has recently formally accepted the grey release (Grayscale) filing for 19b-4, a key development that never materialized under former SEC Chairperson Gary Gensler.
Bloomberg analysts predict a 70% chance that the Solana ETF will be approved by October 10, 2025.
2025-02-11 11:37:36
Bloomberg number assets analyst james seyffart senior etf analystdesk3cryptocurrencydesktopCrypto News
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